Njuguna Takes Over as Deep Down CEO

August 25, 2019

Houston-based offshore equipment and services company Deep Down announced that its CFO Charles Njuguna will replace company founder Ronald Smith as CEO and as a member of the Board of Directors, effective August 31.

Smith, who is leaving Deep Down to pursue interests outside the oil and gas industry, will continue to provide technical guidance in a consulting capacity through 2021, the company said in a press release. 

Deep Down has also commenced a search for a Chief Operating Officer, it said.

Njuguna joined Deep Down in 2012 to manage the company's corporate accounting activities, and in 2015 was appointed Business Manager to oversee all commercial activities. He was appointed CFO in 2017. Njuguna has over 20 years of international business experience, including various operational and financial management roles in the US, UK and Africa.



Current News

Oil Retreats in Face of Renewed Coronavirus Uncertainty

Oil Retreats in Face of Renewed Coronavirus Uncertainty

SembMarine's Former Consultant in Brazil Gets 19 Years in Prison

SembMarine's Former Consultant in Brazil Gets 19 Years in Prison

Turkey Expands Drillship Fleet

Turkey Expands Drillship Fleet

OMV to Drill Hades Appraisal Well with Island Innovator Rig in June

OMV to Drill Hades Appraisal Well with Island Innovator Rig in June

Subscribe for OE Digital E‑News

Offshore Engineer Magazine